Description: Harley-Davidson Inc., the biggest U.S. motorcycle maker, rose on plans to cut about 180 jobs, end its Buell line and sell its MV Agusta unit to save as much as $140 million in annual costs.
Keys: Cash flows (p355), Stock market (p281)
Questions for discussion:Â
- Summarize the reasons given for Harley-Davidsonâ€™s rise in stock value?
- How will financials change as a result of this decision?Â
- Do you think this was a wise decision? Explain your thinking.